Berkshire Hathaway sells $145 million of shares in China’s BYD, filing shows

HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 5.78 million Hong Kong-listed shares of electric vehicle maker BYD for HK$1.14 billion ($145.38 million), a stock exchange filing showed.

The sale lowered Berkshire’s holdings in BYD’s total issued H-shares to 16.62% on Nov. 8, down from 17.15%, Friday’s filing to the Hong Kong Stock Exchange showed.

Last week Berkshire Hathaway sold H-shares worth HK$560 million.

($1 = 7.8414 Hong Kong dollars)

(Reporting by Twinnie Siu; Editing by David Goodman)